Hy24’s Post

My contribution focused on integrating the energy and industry transition, combining a.o. competitive energy prices with security of demand, and grid access with flexibility

Hydrogen is one of the most promising technologies with the potential to decarbonize hard-to-abate industries – but first, it must reach scale. Jason Mortimer from Electric Hydrogen recently shared more about their proprietary technology and how the market is providing new opportunities to produce and distribute greater volumes of hydrogen. Watch here: mhigroup.co/good-energy-2

Hydrogen fuel cells are really making waves in the aviation space, and the investment we’re seeing is off the charts. 📈 In 2024 alone, over $1.4 billion has been pumped into 23+ companies working on hydrogen tech across multiple sectors. Take ZeroAvia, for example - they’ve just extended their Series C to $150 million and are making huge progress with hydrogen-electric powertrains for zero-emission aviation. Meanwhile, companies like LONGi Hydrogen in China and Hysata in Australia are leading the way in electrolyser development, a key step in producing clean hydrogen fuel. 💧 It hasn’t been an easy road for everyone - Hyzon Motors and Universal Hydrogen have had their challenges. But with serious backing from investors and governments, the potential for hydrogen to decarbonize industries, especially aviation, is massive. 𝐈𝐬 𝐡𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐟𝐥𝐢𝐠𝐡𝐭? I think we’re closer than people realize. ✈️ #CleanTech #HydrogenFuel

🌿💧 Tech Tour European Hydrogen Valley Investment Forum 2024 in Riga brought together an inspiring mix of startups, investors, and key decision-makers to explore Latvia's growing potential in green hydrogen. 📈 As the energy sector surges, now accounting for almost a third of global investments, the opportunity for growth is tremendous. This 'investment wave' is a unique opportunity for Latvia to establish itself as a leading player in the global energy market, and hydrogen, a technology still on the rise, offers a significant chance to lead the way in sustainable innovation. 🔍 Explore the valuable insights gathered by The Baltic Times from the Latvian Hydrogen Association, Hydrogen Europe, Riga, Invest in Latvia, Tech Tour, and others. 👇 https://lnkd.in/dWkM5Fqt #InvestinLatvia #EuropeanHydrogenValleys2024 #GreenEnergy #Hydrogen

Recognizing that our upcoming energy transition requires innovative new approaches, Milton Hydro’s Vice President of Distribution Services, Hassan Syed, P.Eng, PMP, participated on the judges panel of the Initiate Start-Up Program at the recent DISTRIBUTECH International 2024 Conference. The pitch session was inspiring and reflected the enormous potential for creative solutions to grid modernization and electrification.  Our thanks to all of the participants and Congratulations to all of the winners: Third Place: C-Crete Technologies Second Place: Banyon Power Co. First Place:  Pearl Street Technologies https://lnkd.in/gw57Y3x #EDA #OEB #MiltonHydro #IESO #DISTRIBUTECH24 #DISTRIBUTECH #transmissionsystem #distributionsystem #transmissionsystems #distributionsystems #powergrid #evcharging #homeasagrid #energytransition #smartgrid #smartgridsolutions #smartgridtechnology #gridtechnology #emobility #sustainabletech #electricpower #gridmodernization #innovation #StartUps

Eleport, the leading electric vehicle (EV) public charging network in Central and Eastern Europe (CEE), announces its expansion into Croatia and Slovenia through the strategic acquisition of TurboVolt GmbH. Already the largest #EV charging operator in the Baltics and the fourth largest in #Poland, it’s network will now cover six countries. This expansion strengthens its commitment to providing fast, reliable, and convenient charging experiences at competitive prices for EV drivers across the region. The acquisition will significantly enhance the EV charging experience for customers, offering greater accessibility and convenience. All chargers across Eleport’s network in the six countries run exclusively on 100% renewable energy, underscoring Eleport’s dedication to a greener, more sustainable future. Anthony Hinde, Jakub Miler, Kristyna Mertova Read more - https://lnkd.in/gGHaA_2G To share your startup story write us on - contact@startuprise.co.uk #Eleport #Turbovolt #Electricvechicle #acquisition #news #startup

📍 Liverpool ULEMCo Ltd has raised over £5m in a funding round led by Mercia Ventures. ULEMCo’s ‘dual fuel solution’ (H2CED) enables heavy duty vehicles to run off hydrogen but continue to use diesel where necessary. It allows operators to switch to cleaner fuel and significantly reduce their carbon emissions without having to replace their existing fleet. The new funding will enable the company to develop new products in hydrogen dual fuel, fuel cell and zero-carbon emission combustion, and expects to create around 100 new jobs across the UK. Mercia Ventures was investing from its own funds and the first Northern Powerhouse Investment Fund, and backed by existing investors Equity Gap, the North West Fund and Scottish Enterprise. More ⏬ #NPIF #VentureCapital #Investment #CleanTech #Liverpool | British Business Bank North of England

Efficiency in Motion: Embracing CNG for a Sustainable Future". We're calling all visionary startups and forward-thinking corporates ready to revolutionise the energy landscape of Cross River State. Join us in shaping the future of energy. @followers @everyone #EnergyTransition #CNG #fleet #petrol #crossriver #sustainableenergy #SustainableFuture

"HysetCo has secured a financing round of almost €200m ($217m) to accelerate the decarbonisation of urban transport. Hy24 led the financing round and will now join Air Liquide, TotalEnergies, Toyota France and Kouros as a majority shareholder of HysetCo. The financing was also backed by RAISE Impact and Eiffel Investment Group. HysetCo is advancing its mobility as a service (MaaS) offering, allowing customers to have a single, integrated supplier and 'facilitate a system-wide transition to hydrogen'. By 2025, the company expects to deploy a dozen new hydrogen stations to build upon the four it is currently operating in the Paris region." #Hy24partners #Hysetco #GreenHydrogen #HydrogenNow #HydrogenEconomy #H2 #ZeroEmissions #CleanEnergy #EnergyTransition #AndNotOr #unblinkered

CorPower Ocean Lands €32 Million Investment to Propel Wave Energy Commercialisation CorPower Ocean has achieved a significant milestone in the wave energy industry by securing a EUR 32 million Series B1 funding round, the largest single investment to date in this innovative technology. This substantial financial infusion was announced at the Barcelona EIT InnoEnergy's Business Booster event, highlighting the sector's escalating progress towards becoming a mainstream and financially viable energy source. https://lnkd.in/eJ62x9Zb #CorPowerOcean #Investment #SeriesB #EITInnoEnergy #WaveEnergy #sustainableenergy #oceantech #energy #WaveEnergy #Innovation #RenewableEnergy #FundingRound #CleanEnergy #SustainableFuture #GreenTechnology #SeriesB1 #OceanTechnology #VentureCapital #Startup #startup #EU #EUStartup #StartupFunding